Nicole

Born in 1966 in Cotonou, the economic capital of Benin, Ms. M. Nicole has been living for three years in Dèkoungbé in the community of Abomey-Calavi. She is a widow and the mother of five children, who are all in school and in her care. Nicole lives alone with her children and is the sole provider for the family. She sells tubers (locally called Agonté) and coconuts in her home. This is a business that allows her to make sure that family expenses are covered. She also sells corn and peanuts, and this allows her to diversify her revenue sources. She gets her supplies at Dantokpa, the international market of Benin, and also at Cococodji in the community of Abomey-Calavi. She has been in this business for thirty years.

Nicole is a past client of ALIDé who repays her loans. Despite the passion she has for her work, she lacks enough funds to carry out her work and to earn more income for herself. Because of this, Nicole is requesting a fourth loan to bolster her business in order to cope with her various responsibilities.

Additional Information

About Alidé

Alidé is a Beninese NGO that works to reduce poverty by offering sustainable access to productive loans like this one in addition to savings, training sessions, and social work to low-income families.

Supporters of this loan should be aware that there is some risk of being repaid late. Because the Beninois Ministry of Finance has imposed restrictions on the amount of money Alidé can send to Kiva, the organization can only send monthly repayments in installments smaller than $13,000. This means that some Kiva lenders may receive their repayments late. However, Alidé remains a healthy institution in good standing with its creditors, and Kiva would like to continue working to support its clients. For more information, please refer to Alidé's partner profile page.